Neobanking Market Next Big Thing: Major Giants WeBank, Atom Bank, UBank Limited, My Bank
Edison, NJ -- (SBWire) -- 05/27/2021 --The latest report released on Global Neobanking Market analyses areas where there is still room for improvement. Irrespective of industry, organization size or geographic location, the Neobanking Market study suggests that advanced technologies are playing a bigger role than ever before. The assessment provides trend, growth factors and estimates for Global Neobanking Market forecasted till 2026. Some of the key players profiled are WeBank, Atom Bank, Movencorp Inc., N26, UBank Limited, Fidor Bank Ag, Monzo Bank Limited, Simple Finance Technology Corporation, Pockit Limited & My Bank etc.
Keep yourself up-to-date with latest Global Neobanking market trends to maintain a competitive edge by sizing up with open business opportunity in Neobanking Market segments and emerging territory.
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The Neobanking Market research compliments and examines the disrupting forces and its role, structure in competitive environment for financial institutions and the markets. The Neobanking transformation on consumers engagement with financial services is mirrored from the supply side. To provide further guidance on how these trends are factored into the market trajectory; the Neobanking scope provides market size & estimates as
Product Type: Business Account & Saving Account
Major End-use Applications: Checking and savings account, Payment and money transfer services, Loans for individual and businesses & Other
Regional Breakdown Covers Market Size by following Country in Global Outlook:
North America (USA, Canada and Mexico)
Europe (Germany, France, the United Kingdom, Netherlands, Russia, Italy, Spain and Rest of Europe)
Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Others)
South America (Brazil, Argentina, Colombia, Others)
MEA (Saudi Arabia, United Arab Emirates (UAE), Israel, Egypt, Nigeria, South Africa & Rest of MEA)
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New entrant in Neobanking are mainly focusing on the online-only model to reach millennials and increasingly other sub-segments like , Business Account & Saving Account or technology. Meanwhile, traditional players are also employing same approach to reduce their operational costs significantly. Many players from profiled list WeBank, Atom Bank, Movencorp Inc., N26, UBank Limited, Fidor Bank Ag, Monzo Bank Limited, Simple Finance Technology Corporation, Pockit Limited & My Bank are designing and targeting services that focus on the value chain of Neobanking, or a particular subset of customers as consumers are getting more smarter about their options.
Furthermore, the years considered in the Neobanking Market study are as follows:
Historical year – 2016-2020
Base year – 2020
Forecast period** – 2021 to 2026 [** unless otherwise stated]
What to expect from Global Neobanking Market report:
- Focused Study on "Niche" Strategy, R&D, patent Analysis
- Insights on technology trends
- Implications for customer segments
- Analysis of M&As, Joint Ventures & Technological Tie-ups in Neobanking Market
- Top 10 Neobanking Companies Market Share (2019-2021E) by Region (APAC, Europe, North America, LATAM, MEA)
- Identify growth in emerging economies and business strategies to overcome Neobanking Market Competition
and many more ..........
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Thanks for reading Neobanking Industry research publication; you can also get individual chapter wise section or region wise report version like USA, China, Southeast Asia, LATAM, APAC etc.
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